UK: M4 Money Supply drops by 0.1% in May

FXstreet.com (Barcelona) - The UK M4 Money Supply decreased 0.1% in May, following a 0.3% rise in April, according to the BoE official data. Analysts expected no change.

On an annual basis UK M4 Money supply fell 0.1% in May, as well as in April.

UK: Mortgage Approvals surprise to the upside in May

UK Mortgage Approvals rose to 58.242K in May, from 54.354K registered the previous month, according to the BoE report published today. Analysts expected less increase to 55.050K.
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Flash: USD/JPY breaches the 55 day ma - Commerzbank

Karen Jones, analyst at Commerzbank said that her team continues to view near term strength as corrective only.
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